Luke company has three divisions, Peak, View and Grand. The company has a hurdle rate of 5.26%. Selected operating data for the three divisions at follows.......

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Search 2 Most Visited my utryvedu ALGEBRA Login Search everything or Question 10 (of 10) Save & Exit Submit Time remaining: 045.07 10 Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.26 percent. Selected operating data for the three divisions follow Sales revenue Cost of goods sold Miscellaneous operating expenses Average invested assets $ 331,000 $ 234,000 $ 318,000 203,000 117,00083.00o 35,000 1.240,000930,0001195,000 36,000 31,000 Required 1. Compute the return on investment for each division. (Enter your ROl answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%) 109. Chapter 10 test banko... Study Notes